Tag: drex

Brazil's Drex Pivot Pragmatism or Betrayal of Blockchain's Promise?

08/12/2025

Brazil's Drex Pivot Pragmatism or Betrayal of Blockchain's Promise?

The Central Bank of Brazil (BCB) is flooring the accelerator on Drex, its CBDC, targeting a launch in 2026. What started as a potentially revolutionary, blockchain-heavy project is now morphing into something far more centralized. A smart, positive evolution, or a depressing pragmatic move to avoid the difficult financial realities?...

Brazil's Drex CBDC: Blockchain Backpedal or Pragmatic Progress?

08/12/2025

Brazil's Drex CBDC: Blockchain Backpedal or Pragmatic Progress?

Brazil is a country that’s recently been turning heads in the digital finance arena, largely thanks to its Central Bank Digital Currency (CBDC) project, Drex. At first, there was a heavy focus on including blockchain technology. Recent news indicates that this strategy may be intentionally rolled back. Today’s article will...

Brazil's Central Bank Adjusts Drex CBDC Approach, Prioritizes Traditional Infrastructure

08/12/2025

Brazil's Central Bank Adjusts Drex CBDC Approach, Prioritizes Traditional Infrastructure

Brazil's central bank, Banco Central do Brasil (BCB), is modifying its approach to the Drex project, the country's central bank digital currency (CBDC). Once a blockchain-heavy project, Drex has shifted focus to more heavily rely on traditional financial infrastructure with the first launch. Despite the risks involved, the BCB is...

Further Reading

Web3 is a rapidly evolving space. One of the biggest developments that has occurred, and one that certainly jumps out, is the increase in Non-Fungible Tokens (NFTs). These one-of-a-kind digital assets have taken the world by storm. Unbeknownst to most, they have become an essential factor fuelling the overall growth...

LBRETT Layer Brett (LBRETT) is a new meme coin that’s taking the crypto world by storm. What makes it unique is that it is created on Ethereum Layer 2 technology. LBRETT is more than an endless source of entertainment. It is a collaborative project with large growth potential and true...

The green frog has croaked. Yes, PEPE is officially dead. Okay, it’s not totally flat-lined, but c’mon—it’s virtually moribund. Yet it’s gasping for breath, kept alive only by a potent brew of hope and nostalgia. The throne is vacant. The crown is up for grabs. And LBRETT is poised to...

Okay, let's be real. When NFTs first burst onto the scene, many of us (myself included) scoffed. Another crypto thing? And these were just…pictures of rocks that were selling for the price of a house? I get it. It sounded insane.Here's the thing: dismissing NFTs as just JPEGs is like...

DeFi. Remember when it was the thing? Billions locked, yields stacked, a finance revolution awaits! Now let’s get real, it seems sort of… boring. Though this TVL figure is still impressive, meaning around $270 billion is currently locked in these protocols, the hype has certainly moved on. While NFTs are...

It's a casino. It's the future. It's... both? Let's be real, navigating this space feels like herding cats on the moon, especially when you throw Trump Coin, Pudgy Penguins, and Arctic Pablo Coin into the mix. I know you think I’m nuts for even putting these two in the same...

If July 2025 has shown us anything, it’s that crypto’s heartbeat runs deeper than Bitcoin dominance or Ethereum gas fees. Astute investors and developers are always on the lookout for that new hot market, and it doesn’t always mean the same big names. GreedyChain.com exposes you to the full picture....

Let’s not kid ourselves, the crypto space is a zoo these days. One minute everyone's talking about the next big thing, and the next minute, it's gone, leaving investors holding the bag. We know…it’s a tale as old as time, one we’ve all witnessed, and for many of us, experienced....